IFC Funds Gridworks’ Transmission Line in Mozambique

The International Finance Corporation (IFC) has committed funding to energy investment platform Gridworks to support the development of the Chimuara-Nacala transmission line – Mozambique’s first privately financed independent transmission project.

In addition to financial support, the IFC will provide technical assistance to ensure that phases two and three of the 460 km project comply with its environmental, social and performance standards. The initiative is expected to enhance grid reliability, support industrial development and increase the integration of renewable energy.

“The Chimuara-Nacala transmission line is a crucial project connecting the central and northern regions of Mozambique with a high voltage transmission spine,” stated Chris Flavin, Interim CEO, Gridworks.

Launched in 2024, the project includes a 272km, 400kV transmission line from Alto Molócuè to Namialo; a 98km, 220kV transmission line from Namialo to Nampula; a 90km, 220kV transmission line from Namialo to Nacala-à-Velha; two new substations at Namialo and Nacala-à-Velha; and expansion of the existing Nampula substation.

The project forms part of Mozambique’s broader electrification efforts and aims to bring power to the 40% of the population currently without electricity access.